注意 最后一天！不及时操作或亏损

Core Viewpoint - The last trading day for Hengbang Convertible Bonds is November 24, and investors risk a potential loss of nearly 10% if they do not act promptly [5][8]. Group 1: Trading Information - As of November 21, Hengbang Convertible Bonds closed at 111.35 CNY per bond, with a strong redemption price set at 100.28 CNY per bond after November 27 [5][8]. - There is a remaining balance of 466 million CNY of Hengbang Convertible Bonds that has not been traded or converted, accounting for over 14% of the total [8]. Group 2: Redemption Mechanism - The strong redemption of convertible bonds occurs when the underlying stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [9]. - Investors have two options to avoid losses: sell the convertible bonds directly or convert them into shares, noting that converted shares will follow T+1 trading rules [9]. Group 3: Investor Alerts - A new regulation requires a "Z" designation on the last trading day of convertible bonds to alert investors of the associated risks [9]. - Investors must act before the last trading day to avoid being forced into a redemption at a price slightly above par value [9].